Mortgage Payment Calculator

Complete mortgage analysis · Amortization schedule · Extra payments · Bi-weekly payments

Full Featured Mortgage Calculator
Mortgage Details
Loan Amount ($)
Interest Rate (%)
Loan Term (Years)
Down Payment ($)
Property Tax (Annual %)
Home Insurance (Annual $)
Extra Monthly Payment ($)
Monthly
Bi-Weekly
Includes principal, interest, property tax, and insurance. Extra payments reduce loan term and interest.
Mortgage Summary
With Extra Payments
$0 saved
0 years saved
Amortization Schedule (First 12 months)
Month Payment Principal Interest Balance
Full Amortization
See detailed payment breakdown for every month
Extra Payment Impact
See how extra payments save interest and time
Bi-Weekly Option
Compare monthly vs bi-weekly payment strategies
PITI Included
Principal, Interest, Taxes, and Insurance

Frequently Asked Questions

What is PITI?
PITI stands for Principal, Interest, Taxes, and Insurance. It's the total monthly mortgage payment including property tax and home insurance.
How do extra payments help?
Extra payments go directly to principal, reducing the loan balance faster. This saves thousands in interest and can pay off your mortgage years earlier.
Monthly vs Bi-weekly payments?
Bi-weekly payments mean 26 half-payments per year (13 full payments), effectively making one extra payment annually, paying off your loan faster.
What affects my mortgage payment?
Loan amount, interest rate, term length, property taxes, and insurance all affect your monthly payment. Extra payments can reduce total interest.
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Complete Mortgage Payment Calculator - Plan Your Home Loan

Our Mortgage Payment Calculator provides a complete analysis of your home loan. Calculate monthly payments including principal, interest, taxes, and insurance. See detailed amortization schedules and understand how extra payments can save you thousands in interest.

Features: Full amortization table, extra payment analysis, bi-weekly payment option, property tax and insurance inclusion, and detailed payment breakdown. Perfect for home buyers, refinancing decisions, and mortgage planning.

Why use this calculator: Understand your true monthly housing cost, plan for extra payments to save interest, compare different loan terms, and make informed home buying decisions.